KURV YLD PREM STR AMZN ETF (AMZP) Stock Technical Analysis
NYSEARCA:AMZP - NYSE Arca - US5009484016 - ETF - Currency: USD
Taking everything into account, AMZP scores 4 out of 10 in our technical rating. In the last year, AMZP was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
Warning: AMZP has an average volume of 11470 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month AMZP has a been trading in the 27.79 - 30.62 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, AMZP outperforms 60% of them, which is more or less in line with the market.
AMZP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AMZP is lagging the market.
AMZP has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
26.77
33.90
When analyzing the support we can see 3 important areas.
- A support zone ranging from 28.67 to 29.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.78 to 28.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.04 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 30.14 to 30.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @33.56 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for AMZP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AMZP is neutral. |
| ChartMill Relative Strength | 60.52 | NEUTRAL | AMZP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMZP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMZP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMZP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.8 | NEUTRAL | The RSI value for AMZP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests AMZP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.55 | NEUTRAL | The Stochastics value for AMZP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for AMZP suggests low volalility. |
| Average Directional Index/ADX (14) | 16.78 | NEGATIVE | The low ADX value for AMZP suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
29.2733
+0.08 (+0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.27%
1 Week3.92%
2 Weeks-2.81%
1 Month-0.28%
3 Month10.05%
6 Month-10.2%
12 Month7.82%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%1.76%
ATR Inc-64.56%
Range Today0.2
ADR(20)0.42
ADR(20)%1.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.52
Mansfield-0.86
10 Day High30.62
10 Day Low27.79
20 Day High30.62
20 Day Low27.79
52 Week High34.48
52 Week Low22.67
CS1 End29.21
CR1 Start30.14
Volume & EV
DER(3)1.64%
DER(5)1.86%
Volume6.80K
Volume Incr-37.33%
Vol(5)8.78K
Vol(50)11.47K